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Silver Market Updates

The Four Horsemen Hate Silver

April 16, 2020

Yes, COMEX prices for silver in fake money—fiat debt-based dollars—fell to $11.77 on March 18. However, prices rose to over $16 on April 14. But each silver eagle remains an ounce of real money that has been valuable for centuries and will stay valuable for many more decades, regardless of how many paper contracts are dumped on the COMEX to lower prices.

Silver: Left Behind Today, But NOT Tomorrow

April 09, 2020

The coronavirus is blamed for weak global demand and damaged supply chains. The Fed is worried. But central banking is part of the problem. Central banks created bubbles, and those bubbles crashed in 2000, 2008, and 2020.

Andy Schectman: Dealers Paying Above Spot For Gold and Silver

April 03, 2020

Andy Schectman: #Gold and #Silver Dealers Now Paying Above Spot For #Metal Gold and silver demand continues to surge, amid refinery and mint shutdowns, as well as unlimited quantitative easing (money printing) out of the #FederalReserve. Fortunately today we got another physical market update from Andy Schectman of Miles Franklin #PreciousMetals, who shared what his order flow has been like lately. He also talked about how on most products he (as the dealer) is paying above spot. Which is…

Silver and Sanity

April 01, 2020

Silver is real money, not a debt-based fiat currency that will eventually fail. Silver bullion production requires capital and effort to mine and refine. We use it for solar panels, iPhones, cruise missiles and thousands of other items. Silver is monetary sanity.

Ted Butler - Worsening Silver Shortage Q&A

March 21, 2020

We reached out to Ted Butler of ButlerResearch.com to get some of his thoughts on spot price plunges this past month in COMEX silver and COMEX gold specifically. We sourced a dozen questions both internally and externally too online. Ted Butler has been analyzing the silver bullion and gold bullion markets for his loyal newsletter subscribers for many decades. Many self-proclaimed gold and silver experts originally found out about precious metals from Ted’s trailblazing writings during…

U.S. Mint Silver Eagle Sales Surge First Three Days In March Due To Global Contagion

March 06, 2020

When investors become increasingly concerned about the financial system, they rush into physical precious metals. And, this is precisely what we see taking place at the U.S. Mint as sales of Silver Eagles surged in the first three days of March versus the entire month of February. The U.S. Mint hasn’t seen this type of buying for several years. For the past three years, annual Silver Eagle sales fell below 20 million, reaching a low in 2019. However, that may all change this year as the…

Gold has Immunity, Silver has Ratio

March 04, 2020

On June 12, 2019, the gold-silver ratio hit a 26-year high by breaking through the 90-ounce mark – meaning it took over 90 ounces of silver to purchase one ounce of gold. The higher the number, the more undervalued is silver or, to put it another way, the farther gold is pulling away from silver, valued in dollars per ounce. For the past several weeks the gold-silver ratio has stayed around 86-88:1. Since the coronavirus outbreak though, the gold-silver ratio has rocketed to a new record of…

Silver Backwardation Returns

March 03, 2020

If we had to guess, we would not expect silver stackers to panic and sell their metal at this point. Those who own the metal today likely hold it for reasons other than false certainty of endless gains (which did occur at certain times in the past). However, if economic hardship hits them, they may be forced to unload silver to put food on the table. This may seem premature in the US, but we will write about our observations in Asia. Here is one picture Keith took in the virtually empty Jewell…

Silver technical update: stuck within a wide band (video)

March 01, 2020

Market was a lot about margin calls. Gold-Silver Ratio EXPLODED. I have been adamant this week, silver is not acting like a precious metals, it is an industrial metal and it acted more like that this week. Silver is down over 10% this week. Silver has no trend, went from a high to a low within a broad band..

Silver Market Update (video update): Silver has a problem

February 28, 2020

Technical video update on silver, gold and more.

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